Arsene Wenger has reportedly informed the Arsenal board they can sell Robin van Perise if he snubs a new three year deal worth £140,000 a week

Arsenal will allow Robin van Persie to leave the Emirates Stadium this summer if they receive an offer of £30m, reports the Daily Mirror.

The Dutchman, whose contract with the Gunners runs out next year, is expected to hold a final round of negotiations with the club when he returns from the 2012 European Championships and if a new deal cannot be agreed, then the north London club is prepared to accept offers of £30m and even from Premier League rivals, according to the report. However, Arsenal will not sell their captain for anything below the reported fee. If their valuation is not met then Arsene Wenger is prepared to run the 28 year old striker's contract down and lose him as a free agent next summer.

Meanwhile, Wenger has told club chiefs there is no need to break the bank to keep van Persie, according to the Daily Star.

The report says that though the Arsenal boss is desperate to keep hold of his talismanic skipper, the Frenchman has informed the board they can sell the player if he snubs a new three year deal worth £140,000 a week, plus a £5m loyalty bonus, as the manager does not want the club to be held to ransom by the Holland hitman.

In other Arsenal news, England forward Theo Walcott has stated he does not want to be known as just a super-sub. After inspiring the Three Lions to a Euro 2012 victory over Sweden in Kiev on Friday that saw him come on as a substitute, the 23 year old feels he has taken his opportunity and proven his worth to manager Roy Hodgson.

"I don't want to be known as a super-sub. But you have to be ready to come off the bench and make an impact if you're not in the starting team. I have waited for my moment and hopefully I've taken it, but there are other players in the squad who will want to do the same thing. It's all about waiting for your chance - and when it comes you have to be ready," Goal.com quoted Walcott as saying.

"I was disappointed not to play against France, but that's a good thing. There is huge competition for places now, with Danny Welbeck and Andy Carroll doing well, and we've got Wayne Rooney coming back for the Ukraine game. But I have scored one and helped set up the winner, so I think I have played my part. The boss [Roy Hodgson] said to me during the week that this game was going to be crucial for me," the former Southampton player added.